Financial Markets Authority - Latest News [Page 1]

Consultation complete on FMA’s conduct guide

Tuesday, 13 December 2016, 11:21 am | Financial Markets Authority

Earlier this year the FMA consulted on a guide on good conduct, signalling to New Zealand financial services providers what to expect from interaction and engagement with the conduct regulator. More >>

FMA releases AML/CFT monitoring report

Thursday, 8 December 2016, 10:48 am | Financial Markets Authority

The Financial Markets Authority (FMA) has today published its third annual AML/CFT monitoring report. More >>

End of the beginning for the new financial services regime

Thursday, 1 December 2016, 12:32 pm | Financial Markets Authority

A decade in the making, today marks the beginning of a new era in the regulation of New Zealand’s financial markets. The introduction of a stronger regime overseeing financial markets, based on the good conduct of providers, has been in train since ... More >>

FMA releases Audit Quality Monitoring report

Monday, 28 November 2016, 12:26 pm | Financial Markets Authority

The FMA’s 2016 Audit Quality Report reflects that improvements continue to be made in audit quality. The report shows the sector is increasingly aligned with the expectations of the FMA and international auditing standards and global best practice. However, ... More >>

When strangers call bearing investment gifts: hang up

Tuesday, 15 November 2016, 10:26 am | Financial Markets Authority

Cold calls from strangers about investment opportunities are not only sure-fire losers, but illegal, and the Financial Markets Authority says the best response is the dial tone. More >>

Updated guidance on KiwiSaver advice for consultation

Tuesday, 8 November 2016, 1:00 pm | Financial Markets Authority

The FMA is consulting on revised guidance on advice for KiwiSaver sales. The intention of the revised guidance, published today for consultation, is to encourage advisers and financial firms to help New Zealanders make good decisions about KiwiSaver. More >>

The FMA releases 2016 Annual Report

Monday, 10 October 2016, 12:06 pm | Financial Markets Authority

The Financial Markets Authority (FMA) 2016 annual report highlights the fact the FMA has now moved from transition mode to establishing itself as a fully-fledged conduct regulator. More >>

FMA 2016 KiwiSaver report shows growth in members

Wednesday, 5 October 2016, 11:17 am | Financial Markets Authority

Total money in KiwiSaver funds continues to grow, but at a much slower pace than the previous two years as both returns and numbers of new members decline. More >>

European recognition of FMA oversight of auditors

Tuesday, 30 August 2016, 1:47 pm | Financial Markets Authority

The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. More >>

FMA warns registered financial adviser

Monday, 15 August 2016, 2:49 pm | Financial Markets Authority

The Financial Markets Authority (FMA) has warned an individual in relation to suspected misleading or deceptive conduct by a registered financial adviser. Following an investigation by the FMA, it concluded that the registered financial adviser had engaged in misleading ... More >>

Work to do on corporate governance disclosure, FMA finds

Thursday, 4 August 2016, 11:29 am | Financial Markets Authority

New Zealand listed companies publicly disclose about two-thirds of the corporate governance information that the FMA believes would be useful to investors. However, on average, unlisted companies provided only 24% of the recommended governance information. More >>

FMA releases conduct guide for feedback

Thursday, 28 July 2016, 11:35 am | Financial Markets Authority

The Financial Markets Authority (FMA) has released a guide to how it will examine whether financial services providers are demonstrating good conduct under the Financial Markets Conduct Act (FMC Act). The guide is open for consultation today. More >>

FMA discontinues proceedings against Archer and HIL

Friday, 15 July 2016, 1:12 pm | Financial Markets Authority

FMA discontinues proceedings against Archer and HIL The Financial Markets Authority (FMA) has elected to discontinue the proceeding against Archer Capital (Pty) Limited (Archer) and Healthcare Industry Limited (HIL). The defendants, Archer and HIL, have ... More >>

FMCA licensing hits the home straight

Thursday, 14 July 2016, 11:45 am | Financial Markets Authority

The deadline is looming for fund managers to get licensed under the Financial Markets Conduct Act (FMCA) and the Financial Markets Authority is putting out the final call to those that want to stay in the game. More >>

Changes recommended to the FAA and FSPR good for consumers

Wednesday, 13 July 2016, 8:45 am | Financial Markets Authority

The Financial Markets Authority welcomes the Minister of Commerce and Consumer Affairs, Paul Goldsmith’s recommendations on changes to two significant pieces of legislation for NZ’s financial markets. The Financial Advisers Act (FAA) and Financial Services ... More >>

FMA and SFO investigates Mr Paul Clifford Hibbs

Thursday, 7 July 2016, 11:14 am | Financial Markets Authority

FMA and SFO investigates Mr Paul Clifford Hibbs and Hansa Limited The Financial Markets Authority (FMA) and the Serious Fraud Office are investigating Mr Paul Clifford Hibbs and Hansa Limited (Hansa). Anyone who has been in contact with Mr Hibbs or ... More >>

KiwiSaver annual statements are being read but not acted on

Wednesday, 6 July 2016, 11:10 am | Financial Markets Authority

Most KiwiSaver members are reading their annual statements but only a quarter of them check to see if they’re on track to meet their retirement income goals. More >>

Insurance replacement business - who benefits?

Wednesday, 29 June 2016, 11:14 am | Financial Markets Authority

The Financial Markets Authority is calling for cooperation from the life insurance industry and financial advisers to address the potential harms to consumers from the relatively high levels of switching of existing insurance policies. More >>

FMA reports on NZX’s regulatory framework

Thursday, 23 June 2016, 10:32 am | Financial Markets Authority

The Financial Markets Authority has released its latest annual review of NZX and reports that it is meeting its statutory obligations as a market operator and frontline regulator of those markets. More >>

SPGI Director sentenced today

Wednesday, 22 June 2016, 1:01 pm | Financial Markets Authority

SPG Investment Company No. 1 Limited (SPGI) director Mark Andrew Turnock has today been sentenced in the Auckland High Court to four months home detention and 200 hours of community work for making false statements in the company’s financial statements. More >>

 

 

InfoPages Links

 
 
 

LATEST HEADLINES

 
 
 
InfoPages
Search Scoop  
 
 
Powered by Vodafone
NZ independent news